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Five9 Executive Compensation (FY25)

FIVN · San Ramon, CA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Michael Burkland
Median of the other named officers
$6,096,318
5 officers, excluding the chief executive
Latest say-on-pay support
=
May 20, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 22, 2026Latest filing (8-K): May 20, 2026
14 filings cited on this page
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293 figures on this page: 284 cited to the filing that reported them, 9 calculated from figures it prints. See the citations

More on Five9

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Michael Burkland: $11,997,464 → $17,403,709 (45.1% higher)
Say-on-pay support: 83.1% → 91.0% (7.9 points higher)
CEO pay ratio: 81:1 → 114:1 (40.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Five9's chief executive and what were they paid?
Michael Burkland, Chief Executive Officer, received $17,403,709 in total compensation for fiscal 2025. Burkland's total moved 45.1% higher from the $11,997,464 reported for fiscal 2024.
What was Five9's say-on-pay result?
Shareholders supported the say-on-pay proposal with 91.0% of votes cast for or against in favor at the meeting held May 20, 2026 for fiscal 2025.
Which companies are in Five9's peer group?
Companies named in the disclosed peer group include AppFolio, Asana, Bill Holdings, Blackbaud and BlackLine, among others.
What is Five9's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 114:1, against median employee compensation of $153,052.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Burkland
Chief Executive Officer
◇—◇—◇—◇◇
Daniel Burkland
President
◇—◇—◇—◇◇
Rowan Trollope
Former Chief Executive Officer
Departed during or after this year
◇—◇—◇—◇◇
Barry Zwarenstein
Chief Financial Officer
◇—◇—◇—◇◇
Scott Welch
Chief Revenue Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andy Dignan
Chief Operating Officer
◇—◇—◇—◇◇
Daniel Burkland
President and Chief Revenue Officer
◇—◇—◇—◇◇
Panos Kozanian
Executive Vice President, Product Engineering
◇—◇—◇—◇◇
Barry Zwarenstein
Chief Financial Officer
◇—◇—◇—◇◇
Michael Burkland
Chief Executive Officer
◇———◇——◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Burkland
Chief Executive Officer
◇—◇—◇—◇◇
Daniel Burkland
Former President and Chief Revenue Officer
Departed during or after this year
◇—◇—◇—◇◇
Panos Kozanian
Executive Vice President, Product Engineering
◇—◇—◇—◇◇
Andy Dignan
President and former Chief Operating Officer
◇—◇—◇—◇◇
Barry Zwarenstein
Former Chief Financial Officer
Departed during or after this year
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Burkland
Chief Executive Officer
◇—◇—◇—◇◇
Andy Dignan
President and former Chief Operating Officer
◇—◇—◇—◇◇
Bryan Lee
Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Tiffany Meriweather
Chief Administrative and Legal Officer and Corporate Secretary
◇—◇—◇—◇◇
Panos Kozanian
Executive Vice President, Product Engineering
◇—◇—◇—◇◇
Barry Zwarenstein
Former Chief Financial Officer
Departed during or after this year
◇———◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Barry ZwarensteinRSU◇——◇——◇
Barry ZwarensteinPSU◇◇◇—◇—◇
Daniel BurklandPSU◇◇◇—◇—◇
Daniel BurklandRSU◇——◇——◇
Fiscal 2023, 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Panos KozanianRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇02/28/32
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Andy DignanRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇02/28/32
RSU◇◇——
Bryan LeeRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Michael BurklandRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Tiffany MeriweatherRSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Andy Dignan
President and former Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Barry Zwarenstein
Former Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Bryan Lee
Chief Financial Officer and Treasurer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Michael Burkland
Chief Executive Officer · Employment agreement
Equity acceleration on change in control◇
Panos Kozanian
Executive Vice President, Product Engineering · Terms as described in the company’s compensation discussion · citing a 2025 filing
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Tiffany Meriweather
Chief Administrative and Legal Officer and Corporate Secretary · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Sudhakar Ramakrishna
◇◇————◇
Robert Zollars
◇◇————◇
Michael Burdiek
◇◇————◇
Jonathan Mariner
◇◇————◇
Susan Barsamian
◇◇————◇
David Welsh
Lead independent director
◇◇————◇
Julie Iskow
◇◇————◇
Maria Walker
◇—————◇
Sagar Gupta
◇—————◇
Jack Acosta
◇—————◇
Amit Mathradas, David DeWalt and Michael Burkland served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • AppFolio APPF
  • Asana ASAN
  • Bill Holdings BILL
  • Blackbaud BLKB
  • BlackLine BL
  • Box BOX
  • Coursera COUR
  • Dynatrace DT
  • Elastic N.V. ESTC
  • EverCommerce EVCM
  • Freshworks FRSH
  • Guidewire Software GWRE
  • LiveRamp Holdings RAMP
  • nCino NCNO
  • Paylocity PCTY
  • Q2 Holdings QTWO
  • Qualys QLYS
  • Rapid7 RPD
  • RingCentral RNG
  • Smartsheet SMAR
  • Sprinklr CXM
  • Teradata TDC
  • Upwork UPWK
  • Zeta Global Holdings ZETA

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 20, 2026=◇◇◇
2024May 21, 2025=◇◇◇
2023May 14, 2024=◇◇◇
2022May 16, 2023=◇◇◇
2021May 18, 2022=◇◇◇
2020May 12, 2021=◇◇◇
2019May 18, 2020=◇◇◇
2018May 28, 2019=◇◇◇
2017May 18, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Michael Burkland (Chief Executive Officer), FY2025 total compensation $17,403,709 (base salary $585,000) [exec_comp, SEC accession 0001288847-26-000055, filed 2026-04-07]

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What this page does not include

Everything above is a fact Five9 disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Five9 sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
293 figures on this page: 284 cited to the filing that reported them, 9 calculated from figures it prints.
284 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001288847-26-000085
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001288847-26-000055
    2025 Director Compensation Table · 2025 Summary Compensation Table · CEO Pay Ratio · Compensation Discussion and Analysis · and 3 more sections
  3. 0001288847-25-000177
    Employment Agreement
  4. 0001288847-25-000127
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001288847-25-000096
    2024 Summary Compensation Table · Compensation Discussion and Analysis
  6. 0001288847-24-000066
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001288847-24-000042
    2023 Summary Compensation Table
  8. 0001288847-23-000090
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001288847-23-000062
    Summary Compensation Table
  10. 0001288847-22-000055
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001288847-21-000074
  12. 0001288847-20-000074
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001288847-19-000075
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001288847-18-000094
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Five9 executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/FIVN (accessed 2026).
Short form: data: Velarion

The paid brief for Five9

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers Five9 discloses

The companies named in FIVN's own disclosed peer group.

AppFolioAsanaBill HoldingsBlackbaudBlackLineBoxCourseraDynatraceElastic N.V.EverCommerceFreshworksGuidewire SoftwareLiveRamp HoldingsnCinoPaylocityQ2 HoldingsQualysRapid7RingCentralSmartsheetSprinklrTeradataUpworkZeta Global Holdings

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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